Dealmaking in Singapore expected to rise by 26% in 2017, peaking in 2019
Add BT as a preferred source
Anita Gabriel
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
THREE mega deals with an average value of US$2 billion each have galvanised corporate activity in Singapore for 2017, with mergers and acquisitions (M&A) activity for the year expected to hit US$23.1 billion - up 26 per cent from 2016's US$18.3 billion, according to a recent report.
The three deals - the acquisitions of InterOil Corp by Exxon, ARA Asset Management by Athena, and Super Group by Sapphire - were collectively worth US$6.2 billion.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
